Iren H1 FY26 net profit drops 1% to EUR 181.8 million; revenue falls 6.6% to EUR 3.26 billion
Reuters2026/07/30 09:34- IREN first-half revenue fell 6.6% to EUR 3.26 billion; EBITDA edged up 0.8% to EUR 732 million.
- Net profit attributable to shareholders slipped 1% to EUR 181.8 million; EBIT declined 2.4% to EUR 318.5 million.
- Net debt rose 1.3% from end-2025 to EUR 4.28 billion, due to dividend payments and seasonal working-capital growth; operating cash flow was EUR 520 million.
- Capex increased 4.1% to EUR 409 million; management flagged EUR 1 billion of 2026 investment plans and sees a stronger second half than 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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